Settings8H · net · $10k
Funding arb · Price arb /

ETH

all ETH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0302%/8h= +33.1% APRnext payment +$0.38 per $10,000 · paid last 24h −0.002%
Price spread now: Vest against RISEx+0.062%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.027%−$3 on $10k
Price spread, last 3 days (all we have)+0.141%+$14 · spread now +0.062%, 7d avg +0.013%
Together, before fees+0.113%+ Points / potential airdropVest: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Vest is 0.049% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.027% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ETH/USDC2,783−0.0206get 0.0026% / 1h52m 31s$5.7M$11.9M25x
ShortVest ETH-PERP2,784.70.0096get 0.0012% / 1h52m 31s$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against RISEx. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$63.5
Price spread: +0.062% → +0.013%
$4.91
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Vest: 1 bp × 2 orders
−$2
Net
$60.41
Costs to cover
0.080%
Break-even
0.3 days
Slippage unknown: RISEx: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 2 min ago0.02 bp4.1 bp −$45.1 bp −$51279.6 bp −$28.0Kdoesn't fit
Sell Vest no order-book sample
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ETH on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ETH−0.0447%43m2,787+0.145%$289K$6.9M8.3xas long as short
RISEx ETH/USDClong−0.0206%1h2,783long leg$5.7M$11.9M25x
ApeX Omni ETHUSDT−0.0131%1h2,779.8−0.113%$8.8M$32.7M100xas long as short
Injective ETH/USDC PERP−0.0088%1h2,782.5−0.017%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,784.2+0.044%$5K$2K50xas long as short
01 Exchange ETHUSD−0.0024%1h2,784.6+0.059%$169K$1.2M50xas long as short
Aftermath Perps ETHUSD−0.0001%1h2,781.3−0.061%$29K$22K20xas long as short
dYdX ETH-USD0.0000%1h2,784.5+0.054%$12.8M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,785+0.073%$884K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,786.3+0.118%$22.5M200xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ETH-USDT+0.0015%8h2,783.4+0.014%$1.21Bas long as short
OKX ETH-USDT-SWAP+0.0020%8h2,783.6+0.023%$1.70B$11.92B100xas long as short
Phemex ETHUSDT+0.0025%8h2,785.9+0.105%$271.4M$68.8M150xas long as short
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,786.4+0.125%$13.0M200xas long as short
Aster ETHUSDT+0.0038%8h2,784.2+0.045%$255.2M$1.00B200xas long as short
Bullet ETH-USD+0.0054%1h2,785.9+0.105%$182K$1.7M20xas long as short
MEXC ETH_USDT+0.0064%8h2,783.2+0.006%$1.60B$2.63B500xas long as short
Aevo ETH-PERP+0.0064%1h2,786+0.108%$5.1M$636K20xas long as short
Bitget ETHUSDT+0.0065%8h2,783.9+0.033%$2.11B$3.11B150xas long as short
Binance ETHUSDT+0.0066%8h2,784.2+0.044%$6.46B$17.26B150xas long as short
Gate ETH_USDT+0.0071%8h2,783.5+0.019%$3.31B$9.58B200xas long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,787.3+0.155%$60.3M$4.62B50xas long as short
Bybit ETHUSDT+0.0090%8h2,784.3+0.046%$2.52B$4.63B150xas long as short
HTX ETH-USDT+0.0090%8h2,785.8+0.103%$1.08B$1.32B200xas long as short
KuCoin ETHUSDTM+0.0090%8h2,784.1+0.041%$424.4M$739.3M100xas long as short
Nado ETH-PERP+0.0093%1h2,783.1+0.004%$14.4M$118.2M50xas long as short
Lighter ETH+0.0096%1h2,783.9+0.033%$116.3M$495.3M50xas long as short
Lighter RH ETH+0.0096%1h2,786+0.107%$25.4M$120.6M50xas long as short
Vest ETH-PERPshort+0.0096%1h2,784.7+0.062%$1.1M50x
Paradex ETH-USD-PERP+0.0099%8h2,783.5+0.019%$16.0M$10.5M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,783+0.001%$479K$2.7M50xas long as short
Hyperliquid ETH+0.0100%1h2,786.9+0.141%$3.20B$2.34B25xas long as short
Pacifica ETH+0.0100%1h2,784.2+0.042%$31.3M$306.5M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,782.8−0.006%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,784.4+0.052%$2.7M$17.1M25xas long as short
Bulk ETH-USD+0.0100%1h2,777.9−0.181%$168.1M$250.4M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,785.8+0.101%$15.1M$44.0M50xas long as short
Variational Omni ETH+0.0100%8h2,781.4−0.056%$147.6M$336.7Mas long as short
edgeX ETHUSDC+0.0100%4h2,782.4−0.022%$182.1M$780.5M100xas long as short
GRVT ETH_USDT_Perp+0.0100%8h2,784.1+0.040%$161.9M$90.2M50xas long as short
StandX ETH-USD+0.0100%1h2,786.7+0.134%$21.5M$58.3M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,785.2+0.080%$10.8M$7.6M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,786.2+0.117%$21K$24K25xas long as short
Derive ETH-PERP+0.0100%1h2,787.4+0.157%$42.9M$29.4M15xas long as short
SunX ETH-USDT+0.0100%8h2,786.2+0.116%$977K$13.9M100xas long as short
SoDEX ETH-USD+0.0100%1h2,785.8+0.102%$55.5M$229.0M40xas long as short
Deribit ETH-PERPETUAL+0.0102%1h2,786.9+0.140%$258.9M$222.7M50xas long as short
Extended ETH-USD+0.0104%1h2,782.8−0.006%$32.7M$77.6M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,786.8+0.139%$41.8M500xas long as short
Kraken Futures PF_ETHUSD+0.0122%1h2,787+0.144%$86.9M$332.7M100xas long as short
Kalshi KXETHPERP+0.0125%8h2,786.3+0.120%$8.4M$681.9M4.9xas long as short
Orderly PERP_ETH_USDC+0.0136%8h2,788+0.182%$32.7M$12.1M100xas long as short
BloFin ETH-USDT+0.0185%8h2,785.9+0.104%$285.4M$195.4M150xas long as short
Reya ETHRUSDPERP+0.0197%1h2,783.7+0.026%$7.4M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0288%1h2,785.1+0.075%$271K$1.5M20xas long as short